If two or more persons are appointed corepresentatives and unless the will provides otherwise, the concurrence of all is required on all acts connected with the administration and distribution of the estate. This restriction does not apply when any corepresentative receives and receipts for property due the estate, when the concurrence of all cannot readily be obtained in the time reasonably available for emergency action necessary to preserve the estate, or when a corepresentative has been delegated to act for the others. Persons dealing with a corepresentative, if actually unaware that another has been appointed to serve with him or if advised by the personal representative with whom they deal that he has authority to act alone for any of the reasons mentioned herein, are as fully protected as if the person with whom they dealt had been the sole personal representative.
Source: L. 73: R&RE, p. 1590, § 1. C.R.S. 1963: § 153-3-717.
Structure Colorado Code
Title 15 - Probate, Trusts, and Fiduciaries
Article 12 - Probate of Wills and Administration
Part 7 - Duties and Powers of Personal Representatives
§ 15-12-701. Time of Accrual of Duties and Powers
§ 15-12-702. Priority Among Different Letters
§ 15-12-704. Personal Representative to Proceed Without Court Order - Exception
§ 15-12-705. Duty of Personal Representative - Information to Heirs and Devisees
§ 15-12-706. Duty of Personal Representative - Inventory and Appraisement
§ 15-12-707. Employment of Appraisers
§ 15-12-708. Duty of Personal Representative - Supplementary Inventory
§ 15-12-709. Duty of Personal Representative - Possession of Estate
§ 15-12-710. Power to Avoid Transfers
§ 15-12-711. Powers of Personal Representatives - in General
§ 15-12-712. Improper Exercise of Power - Breach of Fiduciary Duty
§ 15-12-714. Persons Dealing With Personal Representative - Protection
§ 15-12-715. Transactions Authorized for Personal Representatives - Exceptions
§ 15-12-716. Powers and Duties of Successor Personal Representative
§ 15-12-717. Corepresentatives - When Joint Action Required